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Arab Meeting for the Establishment of a Legal Annex to Facilitate Trade among the Arab Countries within the Free Zone

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Post by claud39 Wed Jul 31, 2019 7:26 am

Arab Meeting for the Establishment of a Legal Annex to Facilitate Trade among the Arab Countries within the Free Zone


31/07/2019


Arab Meeting for the Establishment of a Legal Annex to Facilitate Trade among the Arab Countries within the Free Zone Rc_156455495698_23




The second meeting of the Trade Facilitation Committee within the framework of the Greater Arab Free Trade Area (GAFTA), chaired by Bahrain and the participation of representatives of trade and industry ministers in the Arab countries, started at the headquarters of the League of Arab States in Cairo. 

The Director of the Department of Economic Integration at the League of Arab States, Dr. Bahjat Abu-Nasr said in a statement that the meeting will discuss over three days, a number of topics related to facilitating trade, including discussion of the first draft of the annex to the legal facilitation of trade within the framework of the Arab Free Trade Area.

The special legal leaflet contained a number of articles reflecting the desire of the Arab States to strengthen economic cooperation and to liberalize and expand intra-Arab trade within the Arab region by accelerating the movement, release and clearance of goods, including transit goods, Member States in order to achieve greater terms of trade between the Arab States. 

The committee is due to submit this annex to the Economic and Social Council in September to consider its adoption.




http://www.uabonline.org/en/news/arabicnews/15751580157816051575159315931585157616101604160815/66349/1
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